QE credits have to go somewhere..........has nothing to do with pe ratios or valuations.
Read the article in Forbes about how QE actually works. The mechanics of it. Then you will understand who is getting credits in their accounts and what they do with the credits.
By the way, shorty does not get credits........
QE has to happen. Totally needed to put pressure on the indexes to the upside.
The longs that got wiped out in both crashes.........where did their money go????? Who gets the credits??
DOW has losers in it that will never make new all time highs. All there is to it. They can goose it a little but the DOW needs new blood
42.82 is the all time low on the SPY. It's not the all time low on SPX. Rules of engagement are pretty straight forward. Have to break 96.43 for starters. Now if that happens then can easily see 48.27. Lots of what ifs.
SPY had different components back then so why are you even trying to compare the SPY from 1994 to the SPY of now. That is where all your arguments go out the door.
Why don't you try to compare the first Camaro to the current Camaro. They are just names as is the SPY.
The uptrend is intact and has been. It is just a question of how high the uptrend line goes before it stops going up and then is broken.
Well for him it is. I think you are missing the point. We rely on a private entity called the FED to pretty much create money out of thin air and get paid to do it. So for him it's rosy, Now you and I know that when you keep piling up debts that can not be repaid it is a night mare but since they can run a printing press and get paid to counterfeit, how is that not rosy?
There are no buyers for US debt. Consider this. Who holds what? Pretty sure they raided the social security trust fund which holds more than half the us debt.
As I have already posted, no one can save a central bank. There is always another possibility though. The creation of the GLOBAL RESERVE. What do you think? The GLOBAL RESERVE which can be formed as a GLOBAL LENDER of LAST RESORT. The GLOBAL RESERVE can lend to CENTRAL BANKS. And then when that entire plan goes up in smoke, we can form the UNIVERSAL RESERVE which can lend to the GLOBAL RESERVE and so on.
Ok so the stock is at 7 for rounding purposes. The high was 87.18. What is the opposite of SOAR?
Can we say DIVE? What percentage of loss is that?
More than 90 percent of value lost. Is there a Headline for that?
This is a different situation. When BSC, LEH, GM went down as well as C having to reverse stock 10 for 1 along with AIG, shorting was clearly the way to go because the structure was not in place to stop it.
C really should have been out of business and GS was clearly saved.
What is really going on here is that the Short side is actually the right side statistically if you look at how many stocks have reverted back to prices that are at or near book value. But you have to look for the time to put it on and look for the signals and look for the air holes in the chart that are ALWAYS LEFT THERE intentionally.
Wallstreet was bailed out and pretty much given a blank check. So the BEARS were once again proven correct and the punishment was to simply print more and give it to the market manipulators. BEARS won but they now face devaluation of their prize which was a transfer of wealth to the smart ones.
This time is VERY DIFFERENT because when it goes, it's all going to go this time. No one can save a central bank.
They have to clean up all sellers all the time. If you owned it lower the only reason you are buying up here is to make it look good. That costs money. What is the last thing that makes a house look good? The paint and finishings........
When ya see that ya hit it with some contracts and see what happens. NOT A REASON IN THE WORLD to buy up there. Silly break out traders get hosed every time on that set up.